o3n [ozone] blockchain layer

Binance’s CEO Changpeng Zhao has revealed the company is about to launch a crypto-fiat trading platform in Uganda, in an exclusive interview with CT today. Changpeng Zhao, the CEO and founder of Binance, said the company is about to launch a crypto-fiat exchange in Uganda, in an exclusive interview with Cointelegraph today, June 28. The…

Bithumb has reported that only $17 million was stolen in this month’s hack, instead of the $31 million previously reported. Hacked South Korea crypto exchange Bithumb has lowered the estimated amount of money lost in the hack from 35 billion won (about $31 million) to 19 billion won (about $17 million), according to a support…

A new survey of cryptocurrency figures has revealed a strong desire to see the industry self-regulate. Eighty-six percent of cryptocurrency firms’ executives and investors want the industry to self-regulate, new research published this week reveals. Part of the 2018 Cryptocurrency Survey by international law firm Foley & Lardner LLP, the majority of respondents also tipped…

OTC trading will come to the UK and Europe via Huobi after the exchange formally launched its London office. Chinese cryptocurrency exchange Huobi confirmed the opening of its London office June 28, with over-the-counter (OTC) trading tests set to begin in Q3 this year. In a press release shared with Cointelegraph, Huobi, which claims to…

sponsored A new ecosystem is creating “fair and easy access” to modern financial services for millions of unbanked people in the Philippines and other developing countries. A new blockchain-based ecosystem is vowing to help 490 million unbanked and underbanked people across Southeast Asia access modern financial services. According to TraXion, only 54 percent of adults…

Japanese cryptocurrency traders will be barred from LINE’s new exchange BITBOX, which has a ‘tentative’ launch date next month. Japanese social messaging app LINE will launch a cryptocurrency exchange for 30 coins next month, it revealed Thursday, June 28. In a press release, the company, which counts around 200 million monthly users, confirmed it would…

Economic researchers at the Kiel Institute for the World Economy report that central bank digital currencies could provide stability, but they are different from crypto, which is too volatile. Economic researchers at the Kiel Institute for the World Economy have identified digital currencies issued by a central bank as an opportunity for a more stable…

A recent study by Diar reveals that the Lightning Network protocol struggles to process large amounts. A study conducted by Diar has revealed that “the reliability of successfully routing a payment on the Lightning Network is still quite low.” Diar provides analysis of significant developments within the global digital currency industry. The Lightning Network (LN)…

Coinbase CEO Brian Armstrong has launched a philanthropic initiative to help people in emerging markets by distributing cryptocurrency globally. CEO of cryptocurrency exchange Coinbase Brian Armstrong has announced the launch of a charitable initiative to “financially empower people by distributing cryptocurrency globally,” according to a blog post published June 27. The non-profit initiative GiveCrypto.org intends…

No one’s safe in the crypto world. On June 19, Bithumb, South Korea’s number one crypto exchange, was hacked. The attackers stole cryptocurrencies worth $30 million, making it one of the largest heists of the year so far. While the exchange has already promised to compensate its users, the damage has been done: yet again,…